Help-wanted index sees a 16,600 jobs reversal in January employment

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OTTAWA - The Conference Board of Canada says its help-wanted index suggests the economy might have lost jobs in January.

With new government labour data due out Friday, the private think-tank says its reading of labour markets suggests the economy lost 16,600 jobs last month.

The would be a major reversal of the previous two months, which saw a total of 100,000 jobs created in November and December.

The Conference Board says the forward-looking help-wanted index fell 2.4 points in December.

The board said almost every provincial index posted a decline during the month — Quebec and New Brunswick being the only exceptions.

Organizations: Conference Board of Canada

Geographic location: OTTAWA, Quebec, New Brunswick

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